GfK Consumer Confidence

The GfK Group Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Normally, a high reading is positive for the GBP, while a low reading is bearish.

Next event - Friday 22 November 2024 00:01

Previous
-21
Forecast
-22
Actual
-

The typical/expected impact on GBP pairs is medium.

The consensus forecast for GfK Consumer Confidence is -22. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.

Most recent - Thursday 24 October 2024 23:01

Previous
-20
Forecast
-21
Actual
-21

Trading range

Forecast history

The most recent announced value for GfK Consumer Confidence was -21 against a forecast of -21.

Past events

Date
Forecast
Actual
Thursday 24 October 2024 23:01
-21
-21
Thursday 19 September 2024 23:01
-13
-20
Thursday 22 August 2024 23:01
-12
-13
Thursday 18 July 2024 23:01
-12
-13
Thursday 20 June 2024 23:01
-16
-14
Thursday 23 May 2024 23:01
-18
-17
Thursday 25 April 2024 23:01
-20
-19
Friday 22 March 2024 00:01
-19
-21
Friday 23 February 2024 00:01
-18
-21
Friday 26 January 2024 00:01
-21
-19
Friday 15 December 2023 00:01
-22
-22
Friday 24 November 2023 00:01
-28
-24
Thursday 19 October 2023 23:01
-20
-30
Thursday 21 September 2023 23:01
-27
-21
Thursday 24 August 2023 23:01
-29
-25
Thursday 20 July 2023 23:01
-26
-30
Thursday 22 June 2023 23:01
-26
-24
Thursday 18 May 2023 23:01
-27
-27
Thursday 20 April 2023 23:01
-35
-30
Friday 24 March 2023 00:01
-36
-36
Friday 24 February 2023 00:01
-43
-38
Friday 20 January 2023 00:01
-40
-45
Friday 16 December 2022 00:01
-43
-42
Friday 18 November 2022 00:01
-
-44
Thursday 20 October 2022 23:01
-52
-47
Thursday 22 September 2022 23:01
-42
-49
Thursday 18 August 2022 23:01
-42
-44
Thursday 21 July 2022 23:01
-42
-41
Thursday 23 June 2022 23:01
-41
-41
Thursday 19 May 2022 23:01
-39
-40
Thursday 21 April 2022 23:01
-33
-38
Friday 25 March 2022 00:01
-30
-31
Friday 25 February 2022 00:01
-18
-26
Friday 21 January 2022 00:01
-15
-19
Friday 17 December 2021 00:01
-
-15

Economic context

Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next GfK Consumer Confidence result:

PreviousLatest
Consumer Price Index (MoM)Bullish change0%0.6%
Consumer Price Index (YoY)Bullish change1.7%2.3%
Core Consumer Price Index (YoY)Bullish change3.2%3.3%
PPI Core Output (MoM) n.s.aBullish change0%0.3%
PPI Core Output (YoY) n.s.a Bullish change1.4%1.7%
Producer Price Index - Output (MoM) n.s.aBullish change-0.4%0%
Producer Price Index - Output (YoY) n.s.aBearish change-0.6%-0.8%
Retail Price Index (MoM)Bullish change-0.3%0.5%
Retail Price Index (YoY)Bullish change2.7%3.4%
Gross Domestic Product (MoM)Bearish change0.2%-0.1%
Gross Domestic Product (QoQ)Bearish change0.5%0.1%
Gross Domestic Product (YoY)Bullish change0.7%1%
Industrial Production (MoM)Bearish change0.5%-0.5%
Manufacturing Production (MoM)Bearish change1.3%-1%
Average Earnings Excluding Bonus (3Mo/Yr)Bearish change4.9%4.8%
Average Earnings Including Bonus (3Mo/Yr)Bullish change3.9%4.3%
Claimant Count ChangeBearish change10.1K26.7K
Claimant Count Rate(no change)4.7%4.7%
Employment Change (3M)Bearish change373K219K
ILO Unemployment Rate (3M)Bearish change4%4.3%
BoE MPC Vote Rate CutBearish change18
BoE MPC Vote Rate Hike(no change)00

About GfK Consumer Confidence

Country:United Kingdom
Currency:GBP
Source:Growth from Knowledge
Category:Consumption
Frequency:Monthly
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